Property Sales Surge in First Quarter

Dubai's property market experienced a robust first quarter in 2026, fueled by strong demand and investor confidence. DAMAC Properties led the sales activity, recording Dh3.12 billion in sales across 1,106 transactions in March alone. This performance contributed to a strong first quarter for DAMAC, with 3,663 units sold. The developer has a substantial pipeline of over 55,000 units, with over 50,000 homes already completed.

The broader Dubai real estate market also demonstrated significant growth, with total sales reaching Dh246.12 billion in Q1 2026, a 72.46% increase compared to the same period last year. This surge reflects continued interest from both regional and international investors, drawn by stable returns, strong infrastructure, and a well-regulated market. Despite regional tensions and global uncertainty, the market's fundamentals remain strong.

Amira Sajwani, Managing Director of DAMAC Properties, noted the exceptional strength of Dubai's real estate market, highlighting growing demand and robust investor confidence. Developers are maintaining delivery timelines and expanding their project pipelines. Buyers are focusing on long-term value and execution track records when making investment decisions.